For the ILO, Argentina will remain in recession and the unemployment rate will rise in 2019

For the International Labor Organization (ILO), the Argentine economy will remain in recession this year and the level of unemployment will increase, unlike a region that expects growth of 2% and an unemployment rate of 8%.

And while it values ​​tax incentives and sectoral agreements to reduce the informality of work, remember that precarious work exceeds 47%.

A report on the global outlook for employment and employment indicates that the growth of the Latin American economy will be driven by Brazil (2.4%) and will increase to 2.6%. % in 2020.

"On the contrary, Argentina, Nicaragua and the Bolivarian Republic of Venezuela are expected to remain in recession in 2019", Adds the report.

The ILO believes that the strong rebound in economic growth in the region will have a positive impact on job creation, "but not on a large scale".

As a result, the number of people employed is expected to increase slowly, from 1.4% per year until 2020, so that the regional unemployment rate is expected to decline steadily, from 8% in 2018 to 7.8% in 2020.

"It is projected that unemployment rate Brazil, which reached 12.2% in 2019, but continues to decline. it should increase, albeit slightly, in Argentina, Chile, Ecuador and Peru, "he explains.

The report recalls that much of the population employed in the region continues to perform poor quality jobs.

With regard to Argentina, it badesses tax incentives to facilitate the transition to formality and the introduction of sectoral agreements formalize rural employment and improve access to social protection. However, remember that 47.2% of the employed population remains informal in Argentina, which includes the group of middle and upper-lower income countries and below the 53% average of the region.

"Having a salaried and salaried job is not in itself a guarantee of good working conditions", adds the report, because it indicates that fixed-term contracts represent between 20 and 30% of all salaried jobs in several countries, including Chile, Colombia, Ecuador and Peru.

In addition, it argues that salaried workers account for about 45% of all informal employment in Latin America and the Caribbean, compared with a global average of 36.2%.

"As a result, the incidence of informality in Latin America and the Caribbean remains one of the highest in the world", despite the fact that in the last decade, almost all countries recorded a decline in informality due to a combination of policies.

In general, Salaried and salaried workers accounted for 63% of total employment in 2018, including contributing and self-employed family workers, respectively, of 28.3% and 4.3%.

At the global level, the ILO understands that the prospects are "uncertain", but that the unemployment rate would remain at 5%.

"Macroeconomic risks have increased and are already having a negative impact on the labor market of various countries. In general, in 2019 and 2020, the global unemployment rate should remain at about the same level," he said. , after predicting that "the growth of the labor force will increase the number of unemployed by one million per year, to reach 174 million by 2020.

In this context, the report highlights the persistence of large decent work deficits among the 3,300 million people employed.

He also points out that last year 360 million people were auxiliary family workers and that 1,100 million worked alone, often in subsistence activities carried out due to lack of employment opportunities in the sector. formal and / or lack of system. social protection.

With regard to the gender gap, this indicates that the female activity rate was 48% in 2018, less than 75% of that of men. "It should be noted that in 2018, out of three billion, 3500 million workers in the global market, about three in five men were men," he said.